Amprius Technologies, Inc. (AMPX) has been a topic of discussion on Reddit, particularly in the r/pennystocks community, where users are weighing its potential against competitors like KULR. One user noted, "Ampx is definitely undervalued. The company doesn't seem to care about stock valuation as much as Kulr. They will soon when they need to raise cash." Another user highlighted the technological edge of Amprius, stating, "Ampx batteries are revolutionary but they are still not at mass production. Once they get adopted and ramp up production they will take off."
The discussions also touched on the financial health and strategic direction of Amprius. A user pointed out the company's financial challenges, saying, "They only have so much money in the bank and they are losing money every quarter. They are starting to sell their batteries so could be fine but need to manufacture at scale and soon." Despite these concerns, there is optimism about the company's future, with another user mentioning, "Their revenue increased to 7.9m last quarter and their EPS broke even when they were projecting a loss. So their financials look really good."
Currently, Amprius Technologies, Inc. (AMPX) is trading at $1.92, reflecting a 1.05% increase from the previous close.